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'Doc fix' in 'fiscal cliff' plan cuts Medicare hospital payments

Kaiser Health News, January 2, 2013

Legislation passed by Congress New Year's Day to avert the dreaded "fiscal cliff" would stop a scheduled payment cut in Medicare physician payments. But hospitals, which have to bear a major part of financing for that "doc fix," are not happy. The bill would require that, over the next decade, hospitals pick up nearly half of the approximately $30 billion cost of stopping a 26.5 percent payment cut for Medicare physicians, scheduled to begin today.